| ISIN | AT0000904909 |
| Launch date |
18/11/1991 |
| Available in |
AT, DE |
| Fund type |
Balanced Fund |
| Kind of fund |
Sustainability and ethical funds / Sustainability-/ Ethical fund |
| Aim of investment |
Purchasing power retaining and appreciation of the invested capital while observing ethical aspects |
| Investment strategy |
Investment mainly in bonds. International stocks maximum 20% of fund capital. |
| Investment process |
The selection of securities is based on the one hand on a conventional financial analysis. It is directed at credit rating and earnings capacity. On the other hand the selection is based on excluding criteria and requirements to debtors and companies set by an advisory board. Suitable issuers are pre selected by a renown rating agency. |
| Positive criteria |
Research criteria of Oekom research based on the Frankfurt Hohenheimer guidelines |
| Negative criteria for stocks and corporate bonds |
Governance:
- corruption and bribery*
- violations of OECD guidelines for multinational enterprises
Ethical and Social:
- abortion
- exploitative child labour
- exploitation of people
- discrimination against women
- discrimination against minorities
- dependence causing substances
- gambling
- weapons of mass destruction (ABC/CBRN)
- pornography
- violations regarding human dignity
- cluster bombs and anti-personnel mines
- tobacco products
- inhibiting union activities
- violations of human rights
- violations of the ILO protocol
- weapons/armaments
- forced labour
Environment:
- nuclear power stations
- genetic engineering (agriculture)
- nuclear power
- nuclear energy (operation or component manufacture)
Other:
- exploitation of the environment or employees or society
- employment of pupils
- acceleration of climate change
- investment in companies with negative criteria
- environmentally harmful activities/products
- environmentally harmful conduct
|
| Negative criteria for government bonds |
Ethical and Social:
- child labour (countries)
- human trafficking
- death penalty
- dependent countries, according to Freedom House
- violations of human rights (countries)
- violations of employment law
Other:
- high military budget
- corruption
|
| Research done by |
oekom research AG |
This fund profile is aligned with the fund company.
*no exclusion but part of the analysis